BitGo lays off 15% of staff amid crypto downturn
BitGo has cut 15% of its staff, which could be around 90 employees based on its 2025 annual report.
The company had 603 full-time employees as of December 31, 2025.
The layoffs are part of a larger trend in the crypto industry, with over 5,000 jobs cut this year.
Shares in BitGo closed down 4.67% at $4.80, extending a nearly 73% slide from its public debut at $18